BUSINESS

Romania to benefit from EUR 9 bln for agriculture and rural development

From 2014 to 2020 Romania will benefit from EUR 9 bln from the European Fund for Agriculture and Rural Development (FEADR), Carmen Mihaela Boteanu, Deputy Director General of the Rural Development General Direction of the National Rural Development Program’s Management Authority, stated on Saturday for Agerpres.
She pointed out that the funds will be earmarked for agricultural, zootechnical and vegetable farm, as well as for processing, the stress being laid on creating the short supply chain, meaning investments that would include both farms as well as storage sites for collection, sorting and processing, so that the products would have a much higher added value and would obviously be more competitive on other markets.
Also as part of this program there are possibilities to finance infrastructure in rural areas, Romania badly needing this type of investments. “The funds will be used for transport infrastructure, drinking water and water treatment infrastructure, but also investments in education, social investments, investments in the health domain, meaning clinics in rural areas.”

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